PPP Loan information for Gutwein motor co inc

$113,000

Gutwein motor co inc was initially approved for PPP Loan of amount $113,000, the current approved amount is $113,000. The loan was approved on 04/15/2020 by The First Merchants Bank reported 14 jobs and $113,000 was used to fund payroll.

Gutwein motor co inc is Existing or more than 2 years old

GUTWEIN MOTOR CO INC

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GUTWEIN MOTOR CO INC

Borrower Address

300 N MARKET ST

Borrower City

MONON

Borrower State

IN

Borrower Zip

47959-8193

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113000.00

Current Approval Amount

113000.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONON

Project County Name

WHITE

Project State

IN

Project Zip

47959-8193

CD

IN-04

Jobs Reported

14

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114628.44

Forgiveness Date

10/04/2021

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